China's Digital Currency | Center for a New American Security (en-US) - cyptoranking.com

2024-05-14

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Latency: In blockchain networks, information does not reach its destination in a straight line. Rather, it zigzags across nodes, each checking the data for accuracy before passing it along. While secure, the process can take time and create delays known as latency. In applications where real-time data transfer is paramount, these delays can negatively affect the user experience. At the time of publication, XRP’s price is $0.49. China's Digital Currency | Center for a New American Security (en-US)Meanwhile, in an exclusive interview, Kusama officially confirmed inferences about the imminent release of the new initiative for the Shiba Inu enthusiasts: “The Shib.” Kusama affirmed the interview report by retweeting the post on his X account. With great power — and decentralization — comes great responsibility. Creators of a blockchain project have many decisions to make, among them which consensus mechanism to employ. As with so much in crypto, there’s no singular “industrywide” solution or preference, and there are multiple details to review when making the choice.

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Source: anotherblock.ioAndreas Schuller, known by his producer name Axident, has just started the sale of non-fungible tokens (NFTs) that give their owners a percentage of future streaming royalties to Justin Bieber’s song 'Company'. To transform Bieber's fans "from passive listeners to empowered music stakeholders," the Norwegian music producer has partnered with blockchain-based music rights platform AnotherBlock. Axident plans to sell a 1% portion of the streaming royalty rights to Bieber's famous song via 2,000 ERC-721 tokens.In the first 2 minutes, 353 NFTs have already been minted. According to the website, for a price of ETH 0.017, "every token represents a 0.0005% ownership of the music streaming rights." This includes streaming proceeds from major digital service providers like Apple Music and Spotify.Royalties are usually due every six months, but AnotherBlock told users to "stay tuned for some major updates here."Per the FAQ, "the collector will receive royalties as long as the copyright protection for the song remains in effect within the jurisdiction of the country," which in the EU is until the seventieth year after the recording was first made public.The ownership percentage for each song is stored on Ethereum, while all assets are uploaded to IFPS storage and connected to each NFT, AnotherBlock said.The tokens can be purchased with crypto or a credit card through paper.xyz.The website also noted that US citizens cannot access minting and royalty claims due to regulatory uncertainty in that country. Bieber is not new to the NFT space. The celebrity joined Bored Ape Yacht Club (BAYC) by (in)famously purchasing Ape #3001 for ETH 500 in January 2022, worth $1.3 million at the time. Its value dropped by $1.2 million by July 2023. However, the artist is not involved in the sale of Axident’s share of the 'Company' streaming royalty rights.AnotherBlock, meanwhile, previously sold streaming royalty rights to other artists' songs, including the megapopular Rhianna's 'Bitch Better Have My Money' in February this year. 300 NFTs were minted and sold.'Company', released in 2015 for Bieber's fourth studio album 'Purpose', now has 677 million views on YouTube, with 5.3 million likes. It is the 11th most popular video on the artist's channel. Axident is a Grammy-nominated producer, songwriter, and publisher who worked with big names in the music industry, including Pitbull and Jason Derulo. "AXIDENT's signature sound has proven to transcend borders around the globe and his catalog has been certified gold & platinum over 60 times, reaching nearly half of the world's population on youtube alone," AnotherBlock said.____Learn more:- K-Pop Superstars Blackpink Launch Metaverse Experience in Roblox – Is The Metaverse Making a Comeback?- EVENTZ Concert App Introduces Blockchain Rewards to Harry Styles' Fans- Spotify's Latest Experiment: Playlists Unlocked by NFT Holders – The Future of Music Streaming?- OpenSea Announces Partnership with Warner Music GroupConvicted Ex-OpenSea Manager Chooses to Serve Jail Time Amid Pending Appeal On October 26, 2023, Yuga Labs will open a 48-hour window to facilitate the printing of the NFTs in two unique events: 10,000 On-Chain and Punk On Chain. Buy Tether (USDT) in India at ₹ 88.63“It made this Cosmos chain that we’re building a really natural fit,” he says, “just because you can do really custom stuff if you own the entire stack.”FRAX taps Treasury yields with new staking vault Watch the full episode HERE

Stablecoins are backed by multiple sources, including fiat currency, other cryptocurrencies, precious metals, and algorithmic functions. Stablecoins can be classified into several categories based on the type of assets they’re pegged to. Let’s take a look at them. The application must be completely open-source, it must operate autonomously, and with no entity controlling the majority of its tokens. The application may adapt its protocol in response to proposed improvements and market feedback but all changes must be decided by consensus of its users. How to buy Bitcoin in UAE (Dubai)-Buy BTC with AED ...In every “other business in the world” outside of stocks and crypto, people will “knock each other over” to snag a good deal, but investing exhibits the opposite behavior, Yusko says. “The chasing party has to put much more effort than the mixing party. In two years or five years it may be tracked anyway, but the purpose of the perpetrator is to win time,” Data concluded.Underwhelming: week-one demand stays soft for ETH futures ETFs

The decentralized finance (DeFi) landscape has been riddled with vulnerabilities, and the recent Multichain hack has added another dark chapter to its history. Fantom, a high-performance, scalable and secure smart contract platform, has been hit hard after its colossal $1.5 billion exploit, raising questions about its future viability. “Companies focusing right now are preparing themselves for different scenarios, like working fully remote or operating from different sites in case they're not able to go into the office,” Shalom added. Crypto for Beginners CourseThe crypto wallet address linked to the FTX exploiter moved roughly $36.8 million worth of Ether (ETH) in the last 24 hours amid the ongoing court trials of the defunct crypto exchange’s ex-CEO, Sam Bankman-Fried (SBF).Accounts linked to FTX and FTX.US were drained of $600 million on Nov. 11, 2022, hours after the crypto exchange had filed for Chapter 11 bankruptcy. At the time, FTX general counsel Ryne Miller informed traders about the hack caused by malware:“FTX has been hacked. Chat is open. Please don’t go to the FTX site, as it might download Trojans. Note that some funds were retrieved.”After nearly 10 months of silence, the FTX exploiter began siphoning out the stolen funds, starting with a transfer of 10,250 ETH worth $17.1 million via four addresses between Sept. 30 and Oct. 1, confirms data from Spot On Chain.The exploiter initially held 175,496 ETH ($294 million). However, the current balance in their portfolio has come down to $196.014 million, as shown below.Portfolio balance of FTX exploiter. Source: Spot On ChainSince Sept. 30, a total of 67,500 ETH has been transferred out of five out of the 15 wallet addresses linked to the FTX exploiter. FTX exploiter transferred out 10,250 ETH from address 0x3e9. Source: Spot On ChainOut of the lot, 64,948 ETH ($108 million) was transferred through the THORchain router and 52 ETH (worth $84,000) to the Railgun contract. The remaining 2,500 ETH ($4.19 million) was swapped for Bitcoin (tBTC).Related: September becomes the biggest month for crypto exploits in 2023: CertiKThe trial of SBF in connection with the collapse of FTX began on Oct. 3. The entrepreneur has pleaded not guilty to all seven counts of fraud and money laundering charges.We decided to illustrate the lead-up to @SBF_FTX's trial. Here’s Bankman-Fried's life in the slammer. From mirror monologues to peanut butter banquets, the fall is real. pic.twitter.com/v73IA6d5l2— Cointelegraph (@Cointelegraph) October 3, 2023 AWS Choice Award Winner: ChatyN.

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